Adams Diversified Equity Fund, Inc. (NYSE:ADX) Shares Purchased by Massmutual Trust Co. FSB ADV

Massmutual Trust Co. FSB ADV grew its stake in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 2.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 46,965 shares of the closed-end fund’s stock after purchasing an additional 950 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in Adams Diversified Equity Fund were worth $1,013,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. ARQ Wealth Advisors LLC boosted its stake in shares of Adams Diversified Equity Fund by 15.1% in the fourth quarter. ARQ Wealth Advisors LLC now owns 60,059 shares of the closed-end fund’s stock valued at $1,064,000 after purchasing an additional 7,888 shares during the period. Scarborough Advisors LLC acquired a new stake in shares of Adams Diversified Equity Fund during the fourth quarter valued at about $50,000. Cullen Investment Group LTD. purchased a new stake in shares of Adams Diversified Equity Fund during the first quarter worth about $194,000. International Assets Investment Management LLC lifted its stake in shares of Adams Diversified Equity Fund by 9.5% in the first quarter. International Assets Investment Management LLC now owns 48,222 shares of the closed-end fund’s stock worth $939,000 after acquiring an additional 4,194 shares in the last quarter. Finally, Priebe Wealth Holdings LLC lifted its stake in shares of Adams Diversified Equity Fund by 0.8% in the first quarter. Priebe Wealth Holdings LLC now owns 359,850 shares of the closed-end fund’s stock worth $7,024,000 after acquiring an additional 2,796 shares in the last quarter. Hedge funds and other institutional investors own 28.41% of the company’s stock.

Adams Diversified Equity Fund Stock Performance

Shares of NYSE ADX opened at $21.44 on Friday. The business has a 50 day moving average price of $21.05 and a two-hundred day moving average price of $20.58. Adams Diversified Equity Fund, Inc. has a fifty-two week low of $15.81 and a fifty-two week high of $22.49.

Adams Diversified Equity Fund Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Monday, August 5th were given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 8.21%. The ex-dividend date was Monday, August 5th.

Adams Diversified Equity Fund Company Profile

Adams Diversified Equity Fund, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm The firm is actively engaged in businesses, including commodity pool operator or commodity trading advisor. The firm launches equity.